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Apr 16, 2012
04/12
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it's a tough economy still. people are living with the scars of the crisis, the worst since the great depression. you can see the damage in high unemployment, housing is still weak. it's not surprising that you see that. consumer confidence is gradually getting stronger and business confidence is gradually getting stronger. the business of america is business. business sector looks really pretty strong now, high-tech is strong, manufacturing pretty strong. energy, huge boom, agriculture pretty strong, exports coming back, private investments are growing. those are encouraging signs of strength. what hurt us in 2010 and '11 is the crisis in europe, the crisis in japan and the oil price shock. as fewer of those things receded a bit, the economy has strengthened. we have a long way to go, a lot of challenges ahead. what we should be doing is working with congress to get people back to work, making the economy stronger right now. >> a lot the people look at the stock market and those jie rags and wonder what to make
it's a tough economy still. people are living with the scars of the crisis, the worst since the great depression. you can see the damage in high unemployment, housing is still weak. it's not surprising that you see that. consumer confidence is gradually getting stronger and business confidence is gradually getting stronger. the business of america is business. business sector looks really pretty strong now, high-tech is strong, manufacturing pretty strong. energy, huge boom, agriculture pretty...
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Oct 2, 2014
10/14
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all of that has gotten the economy rolling again, despite the fact that the economies of many other countries around the world are softening. but as americans, we measure our success by something more than our gdp or a jobs report. we measure it by whether our jobs provide meaningful work but give people a sense of purpose and whether it allows folks to take care of their families. and too many families still work too many hours with too little to show for it. job growth could be so much faster and wages could be going up faster if we made some better decisions going forward with the help of congress. so our task now is to harness the momentum that is real that does exist and make sure that we accelerate that momentum, that the economy grows and jobs grow and wages grow. that's our challenge. when the typical family isn't bringing home any more than it did in 1997, and that means it's harder for middle class americans to climb the ladder of success. it means it's harder for poor americans to grab ahold of the ladder into the middle class. that's not what america's supposed to be about. it off
all of that has gotten the economy rolling again, despite the fact that the economies of many other countries around the world are softening. but as americans, we measure our success by something more than our gdp or a jobs report. we measure it by whether our jobs provide meaningful work but give people a sense of purpose and whether it allows folks to take care of their families. and too many families still work too many hours with too little to show for it. job growth could be so much faster...
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Aug 15, 2019
08/19
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or do you just say if he's going to run on the economy, we're going to run on the economy. >> i think we're leaving out half the equation is democrats run on socialism and -- run on capitalism. you can run it on the scoreboard or under the ideology. i think you are going to get a socialist nominee for president. and none of them are going to be willing to run from it, frankly. so i think that -- >> all of them have called themselves a capitalist besides bernie sanders. >> but as kamala harris says, i think that that's the economic campaign that the president will want to run and will feel -- >> so it's more of a culture war? because it's more culture war, not a scoreboard. >> it's also what he's in opposition to, not what he's for economically. the fact remains that nationally the economy might be doing better. but for people and their personal wages and their personal financial situations, i hear all around the country from voters that they are not doing personally any better than they have been in the last few years. >> it's because all of politics and all of life for donald trump i
or do you just say if he's going to run on the economy, we're going to run on the economy. >> i think we're leaving out half the equation is democrats run on socialism and -- run on capitalism. you can run it on the scoreboard or under the ideology. i think you are going to get a socialist nominee for president. and none of them are going to be willing to run from it, frankly. so i think that -- >> all of them have called themselves a capitalist besides bernie sanders. >> but...
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Oct 10, 2011
10/11
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it's good for the economy today. and it will be good for t economy long-term. was there opportunities? he to the opportunity to deal with all three within the first six months. we're now importing auto jobs. we're -- before it was near bankruptcy. i would also are not to get too political too fast but i can't miss the opportunity. which is some people in the remote minority wrote stories and wrote op-eds saying let it go bankrupt. the president of the united states doubled down on the american workers, auto industry not only is stronger, not only creating the jobs today, we also negotiated two fuel efficiency standards that were denied for 30 years, and now the united states went from 2% to 40% of their alternative battery production. at every level the auto industry that was first started here in the united states is strornger and bet irand more prepared for the future than it was when he was in office and 1.2 million manufacturing jobs, and manufacturing base of america, is stronger. now that's not enough. and he'll be the first to admit it. and the next step
it's good for the economy today. and it will be good for t economy long-term. was there opportunities? he to the opportunity to deal with all three within the first six months. we're now importing auto jobs. we're -- before it was near bankruptcy. i would also are not to get too political too fast but i can't miss the opportunity. which is some people in the remote minority wrote stories and wrote op-eds saying let it go bankrupt. the president of the united states doubled down on the american...
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Jul 3, 2014
07/14
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not bad for the obama economy. earlier today president obama said the economy is doing good, but it could be better if republicans would reach across the aisle and just do their jobs. >> we just got the jobs report today showing that we've now seen the fastest job growth in the united states in the first half of the year since 1999, given where we started back in 2008 we have made enormous strides thanks to the incredible hard work of the american people and the american businesses that have been out there competing, getting smarter. we could be making even stronger progress. we could be growing even more jobs if those of us here in washington were focused on them, focused on you, the american people rather than focused on politics. >> a very modest president standing up today talking about the economy. president obama doesn't say anything about him or his agenda and he only talked about american workers and american businesses. president obama deserves credit. he has brought our economy back from the brink of coll
not bad for the obama economy. earlier today president obama said the economy is doing good, but it could be better if republicans would reach across the aisle and just do their jobs. >> we just got the jobs report today showing that we've now seen the fastest job growth in the united states in the first half of the year since 1999, given where we started back in 2008 we have made enormous strides thanks to the incredible hard work of the american people and the american businesses that...
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Dec 29, 2012
12/12
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with we've got to decarbonize the economy and the way we do that is expand the economy. there's really only one country that we can point to that has been able to continue to expand its economy, its gdp, and have any reduction in carbon emissions at all in the last 20 years and that's germany. other countries, which have reduced carbon emissions have done so because their economies have collapsed, places like russia, eastern europe. and for the rest of the world growth has basically meant increases in carbon. so the idea that comes from mainstream economics that you can decouple carbon from the size of the economy is not at all born out over the last 20 years. >> it's born out of germany. if someone can do it, it can be done, right? is that the answer? >> well, they've had very little slow gdp growth. and there they are an unusual economy. they've been able to export a lot of their -- big export surplus. >> everyone want to be germany. in the future, we will all be net exporters. >> can i make what is going to sound in this context like the naive case for growth and remi
with we've got to decarbonize the economy and the way we do that is expand the economy. there's really only one country that we can point to that has been able to continue to expand its economy, its gdp, and have any reduction in carbon emissions at all in the last 20 years and that's germany. other countries, which have reduced carbon emissions have done so because their economies have collapsed, places like russia, eastern europe. and for the rest of the world growth has basically meant...
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Jul 28, 2022
07/22
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they are concerned about the economy. 50% of americans tell us they feel the economy is already in a recession. they feel this in their own lives and it's affecting how they live their daily lives. six in ten say they've cut back on going out to dinner and almost half are driving less, cancelling or postponing vacation plans because of their concerns about vacation. >> 45% cutting back on groceries. we're looking at those responses you have there, the same number that you say are cancelling vacation or travel plans, all of which obviously have a po potential impact on the economy. and they are worse on households with annual incomes under $50,000? >> you can really see how hard hit families with the lower middle class income level are having. 70% say they're going out to dinner less often, 60% are driving less, 60% are cutting back on groceries. so those are some very basic aspects of their lives that they see affected every day they go to the grocery storeñoño seen this ad? it's not paid for by california tribes. it's paid for by the out of state gambling corporations that wrote p
they are concerned about the economy. 50% of americans tell us they feel the economy is already in a recession. they feel this in their own lives and it's affecting how they live their daily lives. six in ten say they've cut back on going out to dinner and almost half are driving less, cancelling or postponing vacation plans because of their concerns about vacation. >> 45% cutting back on groceries. we're looking at those responses you have there, the same number that you say are...
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Jun 8, 2012
06/12
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the economy that we're dealing with today is the obama economy. we're dealing with -- >> what was mitch mcconnell? the republican senate leader. what hus wis numbhis number one legislative priority when obama got elected? to get obama defeated. >> which policy in the first three years? you know which policy in the first three years of this administration has not been accomplished? >> all i know -- >> tax increases. >> they've votes down the line against everything he's try toed do. the motive, destroy the guy politically. >> they didn't stop anything except tack increases. >> except all of the jobs programs on the table now. >> steve's right. they've got a lot on the table and these guys say no to everything, everything. >> they would do nothing for the economy today. >> that's your philosophy. >> the economy today -- in three years -- chris, which policy -- >> they do not wait for business to do the job has been rejected by the american people if they accept la day fair that's their mistake. >> which policy did the republicans block? >> every job
the economy that we're dealing with today is the obama economy. we're dealing with -- >> what was mitch mcconnell? the republican senate leader. what hus wis numbhis number one legislative priority when obama got elected? to get obama defeated. >> which policy in the first three years? you know which policy in the first three years of this administration has not been accomplished? >> all i know -- >> tax increases. >> they've votes down the line against everything...
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Jun 8, 2012
06/12
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economy. did he make his case? >> reporter: well, i tell you he was very diagnostic on the european front where you had problems of debt and also real estate problems over there he went through great detail about what he's been briefed on so he's showed his knowledge of the european situation. he did a diagnosis of the american economy and said it isn't the american sector flagging it's the big cut backs in teachers, firefighters, et cetera. that needs to be addressed. it's a dr. obama saying what's wrong, here's how to fix it targeted to the teachers and of course the firefighters and other government employees at the state and county level that have been laid off. that is one of the ironies of the recovery, it's a battle between growth in the private sector, offset by cutbacks in the municipal and county and state employees which doesn't sound right because nobody talks about. about oi think he stole the headline with the iranian story, the need to maintain secrecy and whatever we're doing to on strukts the irani
economy. did he make his case? >> reporter: well, i tell you he was very diagnostic on the european front where you had problems of debt and also real estate problems over there he went through great detail about what he's been briefed on so he's showed his knowledge of the european situation. he did a diagnosis of the american economy and said it isn't the american sector flagging it's the big cut backs in teachers, firefighters, et cetera. that needs to be addressed. it's a dr. obama...
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Aug 19, 2019
08/19
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all that stuff is working in the economy's favor. if there is a recession, it's not going to be gigantic. it's the president saying don't look at the trade war. the trade war is the source of the volatility. focus more on the macro is what he's saying. >> the president maybe will realize he cannot control the economy. you remember the stump speech in ohio when he was running and he looked out there and said don't sell your homes, and then he realized he doesn't control that. when mary ibarra decides it's no longer economically sound for gm to have a plant in lordstown, she closes it. when the president takes credit for a booming stock market or he says to people in the rust belt i'm going to get you your jobs back and it doesn't happen, he will have to own that. when gdp is 2.1% and you've given record corporate tax cuts, where is the trickledown? >> for the investor the market is okay, and they're saying fine, but you've got to get elected by the whole country. the economy has been his winning argument. >> can't have it both ways. >
all that stuff is working in the economy's favor. if there is a recession, it's not going to be gigantic. it's the president saying don't look at the trade war. the trade war is the source of the volatility. focus more on the macro is what he's saying. >> the president maybe will realize he cannot control the economy. you remember the stump speech in ohio when he was running and he looked out there and said don't sell your homes, and then he realized he doesn't control that. when mary...
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May 21, 2012
05/12
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economy. what do you do to get the economy growing again. do you have to slash budge elts here in the u.s. if you're going to get the economy to grow or not. that's going to be a debate for the campaign and fall as well. assistant majority leader and democratic illinois senator dick durbin and chairman of the house budget committee paul ryan republican of wisconsin, welcome to both of you this morning. >> thank you. >> good morning, gregory. >> good morning, dick. >> chairman ryan, let me start with you. this question of austerity in europe. they had failing economies, nearly depressed economies, the answer throughout the region was to slash their budgets. has it failed? >> well, no, david. i would say they've also raised taxes. they have -- this is a cautionary tale of what happens when politicians who make a lot of empty promises end up running out of the ability to borrow money at cheap rates and now they're broken promises. it's a cautionary tale of what will happen to us if we stay on the path we're on. we're saying let's get on growth
economy. what do you do to get the economy growing again. do you have to slash budge elts here in the u.s. if you're going to get the economy to grow or not. that's going to be a debate for the campaign and fall as well. assistant majority leader and democratic illinois senator dick durbin and chairman of the house budget committee paul ryan republican of wisconsin, welcome to both of you this morning. >> thank you. >> good morning, gregory. >> good morning, dick. >>...
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Dec 30, 2014
12/14
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remains at a 17-year low in the obama economy. >> in the obama economy we're facing a looming fiscal crisis that some have called the most predictable in history. >> well republicans said dodd frank any kind of movement on wall street would tank the stock market. the record breaking numbers have shown the opposite effect. in 2012 republicans said repealing the bush tax cuts would be a big job killer. >> that was money they were going to invest in creating a job or spend in the economy. now the government's going to take it. >> you want to talk about a train wreck, you're talking about a big one. >> you can't be for jobs and against the very people who create the jobs. >> our friends on the other side are practicing what could best be described as they will ma and louise economics. >> let's extend where we are now as op poeszed to looking at the -- if . >> we have more tape. let's not forget obamacare. republicans said this life-saving law would also kill a bunch of jobs. >> when obamacare was debate the in congress we screamed that it just wouldn't work. it would be a job killer. >>
remains at a 17-year low in the obama economy. >> in the obama economy we're facing a looming fiscal crisis that some have called the most predictable in history. >> well republicans said dodd frank any kind of movement on wall street would tank the stock market. the record breaking numbers have shown the opposite effect. in 2012 republicans said repealing the bush tax cuts would be a big job killer. >> that was money they were going to invest in creating a job or spend in the...
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Jan 26, 2012
01/12
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we have them talking about the economy. hasn't the president really began making them come back to what the american people are really concerned about? >> well, there's not a lot of times i'd say i'd agree with newt gingrich. mitt romney does have a lot of nerve talking about foreclosures. not only because he invested $500,000 in fannie and freddie, but because a few months ago, remember reverend al he said he didn't think we should do anything to help people remain in their homes. we should just let the housing crisis hit rock bottom and let investors come in and scoop up the properties and sell them for a profit. the other day here in florida, he suggested to homeowners who were struggling to be able to remain in their homes that maybe they could buy each other's houses and swap. i mean, that's how dramatically out of touch he is. then today we learned when it comes to his finances, he didn't include a swiss bank account in his financial disclosure when he filed for president. you want to talk about an oops moment? i've b
we have them talking about the economy. hasn't the president really began making them come back to what the american people are really concerned about? >> well, there's not a lot of times i'd say i'd agree with newt gingrich. mitt romney does have a lot of nerve talking about foreclosures. not only because he invested $500,000 in fannie and freddie, but because a few months ago, remember reverend al he said he didn't think we should do anything to help people remain in their homes. we...
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Aug 15, 2019
08/19
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that part of the economy is okay. but the rest of it when you look at corporate investment, that is going down. when you look at confidence, that's going down. that is all due to tweets, trade wars, and uncertainty. that's all down to president trump. >> eli, to that very point your alma mater "the wall street journal" has an editorial out saying this. we never said tariffs would produce immediate recession. we said they and the climate of uncertainty they were creating for business would chill global trade and undermine the surge in capital investment spurred by tax reform and deregulation. the key to avoiding the worst is to restore a sense of policy calm and confidence. so "the wall street journal" is basically saying, hey, president trump, we're looking at you. is this really all about messaging from the white house? >> the president believes it's a lot about messaging. interesting that editorial names peter navarro not the president. they are laying this at the president's feet even though they're trying to be ni
that part of the economy is okay. but the rest of it when you look at corporate investment, that is going down. when you look at confidence, that's going down. that is all due to tweets, trade wars, and uncertainty. that's all down to president trump. >> eli, to that very point your alma mater "the wall street journal" has an editorial out saying this. we never said tariffs would produce immediate recession. we said they and the climate of uncertainty they were creating for...
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Jul 13, 2023
07/23
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economy is not doing well. >> the calm the economy feels fragile. like we're out in the middle of the pond and they're nice. the >> economy is in shambles. >> we've seen a economy that slowing down. bidenomics fired volley. flat >> bidenomics mean our economy is failing. >> biden has murdered the economy. >> what a sad contrast to the thriving economy of the trump era. >> things have become so polarized a lot of republicans will never ever say the biden economy is doing well even if it is doing well. you see this in the polling. 47% of democrats described economy as good compared to just 13% of republicans. we will look through this partisan prism, it affects their ability to assess the economy on its own terms. that's just one part of this. also, of course, the economy has had a very rocky trajectory over the last two and a half years, since the pandemic. we have an interesting situation right now where the sectors who have been having the worst have also happened to be the ones close to the megaphones. hear me out here. media and tech companies ha
economy is not doing well. >> the calm the economy feels fragile. like we're out in the middle of the pond and they're nice. the >> economy is in shambles. >> we've seen a economy that slowing down. bidenomics fired volley. flat >> bidenomics mean our economy is failing. >> biden has murdered the economy. >> what a sad contrast to the thriving economy of the trump era. >> things have become so polarized a lot of republicans will never ever say the biden...
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Dec 9, 2013
12/13
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is it the improving economy or is he divorced from the economy? >> it's really an important question because as susan said, it is difficult to really bounce back. if the economy does improve, that will help. no question about that. one of the things we have seen in public opinion over the last 60 days really is that this kind of base he had beneath him which is that people thought he was an honest president or a strong leader, some of that eroded significantly and i think that's the question as to whether even if the health care law seems to be working pretty well and even if the economy comes back, whether this sense of him as a weak president or somebody who was too detached has taken hold and it does divorce him from the forces that are changing the economy. >> fred, when you look at 2014, i know that it's easy to say it's going to be a bad year for the democrats because of health care and the president's job rating. you have this recovering economy. i assume that benefits all incumbent governors first. does it help democrats? >> yes, i do. i t
is it the improving economy or is he divorced from the economy? >> it's really an important question because as susan said, it is difficult to really bounce back. if the economy does improve, that will help. no question about that. one of the things we have seen in public opinion over the last 60 days really is that this kind of base he had beneath him which is that people thought he was an honest president or a strong leader, some of that eroded significantly and i think that's the...
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Apr 15, 2012
04/12
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in this economy? the governor has taken it head on. >> the real war on women has been the job losses result of the obama economy, and if we're going to get women back to work and help women with the real issues women care about, good jobs, good wages, a bright future for themselves, their families and their kids. we'll have to elect a president who understands how the economy works and i do. >> romney makes the point that 90% of the job loss has been among women. >> the recession and the crisis started at the beginning of 2008 more than a year before the president took office. and it caused a huge amount of damage, to men, to women, to families and the damage lasted for a time. you're still seeing the scars of of that. if you look at the damage early on, you know, most of the early job losses were in construction and manufacturing and disproportionately affection men. you saw state and local governments, you saw the composition of those job losses change over the course of the recovery. but the presid
in this economy? the governor has taken it head on. >> the real war on women has been the job losses result of the obama economy, and if we're going to get women back to work and help women with the real issues women care about, good jobs, good wages, a bright future for themselves, their families and their kids. we'll have to elect a president who understands how the economy works and i do. >> romney makes the point that 90% of the job loss has been among women. >> the...
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Jun 18, 2012
06/12
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whether it's the economy. you saw republican members of congress openly this week in articles saying i can do anything on the economy before the election because they want to help romney. it's a remarkable thing. this is just, this is again the department of homeland security, this is an enforcement position. and so, we need a permanent solution. we are a nation of laws and a nation of immigrants. the president has often said those two things don't need to be in conflict. and the only pathway here is now senator mccain should get some credit because he unlike a lot of members of his party currently has tried to accomplish something on the congressional forum and ultimately i think we're going to get that done but in the meantime congress hasn't acted. so if they want to do something about this, they ought to pass the dream act right away. >> this president has dramatically increased the number of deportations, getting illegal immigrants back out of the country. he has not, as he had hoped to do and promise to
whether it's the economy. you saw republican members of congress openly this week in articles saying i can do anything on the economy before the election because they want to help romney. it's a remarkable thing. this is just, this is again the department of homeland security, this is an enforcement position. and so, we need a permanent solution. we are a nation of laws and a nation of immigrants. the president has often said those two things don't need to be in conflict. and the only pathway...
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Jul 28, 2013
07/13
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. >>> this sunday, the state of the economy. and will washington make it worse with another partisan showdown? the president on the road again to sell a second-term economic blueprint and to blame republicans for standing in the way. >> you can't just be against something. you've got to be for something. >> but what is the president's record on the economy? and what is his growth agenda? plus, will washington go to the brink of a government shutdown this fall? this morning i put these questions to the administration's point man on the economy, treasury secretary jack lew. plus, a showdown this week in the house over the nsa's controversial post-9/11 surveillance program. >> passing this amendment takes us back to september 10th. >> a measure to shut down the program was narrowly defeated. but where does the debate go from here? will there be more privacy safeguards put in place? and the snowden saga. i get the very latest from the chairman of the house intelligence committee, michigan republican congressman mike rogers. and our
. >>> this sunday, the state of the economy. and will washington make it worse with another partisan showdown? the president on the road again to sell a second-term economic blueprint and to blame republicans for standing in the way. >> you can't just be against something. you've got to be for something. >> but what is the president's record on the economy? and what is his growth agenda? plus, will washington go to the brink of a government shutdown this fall? this morning...
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Aug 20, 2019
08/19
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and, look, largely the economy is doing well. it's certainly slowing down but it's still doing well. we're not at a recession. we don't know there's going to be a recession, but there are enough troubling signs that they are starting to worry. the president has shown time and time again he doesn't always listen to advisers around him. he is out there full force saying the economy is doing great. any blame, he's not going to accept any. people around him realize they're worried about the impact of the china trade war. >> so maybe if they're worried they don't want to go to him, do they go to reporters? they get this out there? maybe we should be thinking about a tax cut or some other contingency plan? with the message to the president? >> it is certainly a tried and true tactic that if you want to deliver a message to the president, sometimes you do so by cable. whether it's fox news or talk to a reporter who writes something and those articles end up on the president's desk. he's known to value that outside advice whether it's a
and, look, largely the economy is doing well. it's certainly slowing down but it's still doing well. we're not at a recession. we don't know there's going to be a recession, but there are enough troubling signs that they are starting to worry. the president has shown time and time again he doesn't always listen to advisers around him. he is out there full force saying the economy is doing great. any blame, he's not going to accept any. people around him realize they're worried about the impact...
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Feb 1, 2024
02/24
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they've got a good economy, they're not gonna say it's a bad economy. it's a strong one. and you nailed it perfectly. this is exactly why republicans are pivoting to immigration. but here's the problem. if republicans keep punting on this immigration deal, joe biden's gonna show up with the receipt and say i have a deal. you wouldn't sign it. >> stephanie ruhle, what a pleasure. coming, up the brand-new filings on the case of good remove don trump from the ballot, but first as the white house prepares some retaliatory action in the middle east, senator chris van hollen, head of the former senate -- committee joins me to talk about the perilous situation, next. the perilous situation, next. get help with j.p morgan personal advisors. hey, david! ready to get started? work with advisors who create a plan with you, and help you find the right investments. so great getting to know you, let's take a look at your new investment plan. ok, great! this should have you moving in the right direction. thanks jen. get ongoing advice; and manage your investments in the chase mobile app
they've got a good economy, they're not gonna say it's a bad economy. it's a strong one. and you nailed it perfectly. this is exactly why republicans are pivoting to immigration. but here's the problem. if republicans keep punting on this immigration deal, joe biden's gonna show up with the receipt and say i have a deal. you wouldn't sign it. >> stephanie ruhle, what a pleasure. coming, up the brand-new filings on the case of good remove don trump from the ballot, but first as the white...
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Aug 24, 2019
08/19
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but the president is not dealing with an economy in a vacuum. this is a global economy. as carol alluded to, italy is seeing the resurgence of a conservative movement. the french are dealing with an economy, questions of their own. german chancellor angela merkel is about to leave power. her economy is having a withdrawal to some extent. many people are worried about the impact that the german economy could spread into other aspects, and not to mention -- and this is going to be interesting and where i'm really going to be watching at the g7, the uk and how the uk is dealing with brexit. there's a lot of economic concern, both for folks who support brexit, who don't support brexit, about the economic impact it would have in europe and around the world. but uk prime minister boris johnson making his debut on the g7 international stage, and president trump seemingly now having a new type of relationship than he had with the uk's previous prime minister, theresa may. so a lot of political observers will be watching to see how president trump and prime minister johnson inter
but the president is not dealing with an economy in a vacuum. this is a global economy. as carol alluded to, italy is seeing the resurgence of a conservative movement. the french are dealing with an economy, questions of their own. german chancellor angela merkel is about to leave power. her economy is having a withdrawal to some extent. many people are worried about the impact that the german economy could spread into other aspects, and not to mention -- and this is going to be interesting and...
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Oct 17, 2013
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saying that our economy remains more dynamic and resilient than other advanced economies and that the only thing putting us at risk is, and i'm quoting here, repeated brinksmanship. that's what the credit rating agencies say. that wasn't a political statement. that was an analysis of what's hurting our economy by people whose job it is to analyze these things, that also happens to be the view of our diplomats who have been hearing from their counter parts internationally. some of the same folks who pushed for the shutdown and threatened default claim their actions were needed to get america back on the right track, to make sure we're strong, but probably nothing has done more damage to america's credibility in the world, our standing with other countries than the spectacle that we've seen these past several weeks. it's encouraged our enemies. it's emboldened our competitors and it's depressed our friends who look to us for steady leadership. now the good news is we'll bounce back from this. we always do. america's the bedrock of the global economy for a reason. we are the indispensabl
saying that our economy remains more dynamic and resilient than other advanced economies and that the only thing putting us at risk is, and i'm quoting here, repeated brinksmanship. that's what the credit rating agencies say. that wasn't a political statement. that was an analysis of what's hurting our economy by people whose job it is to analyze these things, that also happens to be the view of our diplomats who have been hearing from their counter parts internationally. some of the same folks...
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Sep 14, 2012
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economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >>> coming up, mitt romney rips a page from the bush playbook on foreign policy. >>> and we're going to update you on the growing anti-american protests in the middle east. >>> and later, jared bernstein and dave weigel on today's major news from the fed. if you care about jobs and job creation, today was an absolutely huge day and we're going to explain it all. stay tuned. you're watching "the ed show." [ chuckles ] ♪ [ honk! ] ♪ [ honk! ] ♪ [ honk! ] ♪ [ male announcer ] now you'll know when to stop. [ honk! ] the all-new nissan altima with easy fill tire alert. [ honk! ] it's our most innovative altima ever. nissan. innovation that excites. â™
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May 31, 2013
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his numbers on the economy are going up, and near 50% approval on the economy. that's kind of propping him up. it gives him more influence in washington. in the second term, every day you're moving toward irrelevant. >> and there is still another election coming up, 2014. let's talk more about that. i think the argument that republicans made wasn't that the economy wouldn't get better under obama. it was that the economy would, of course, improve slightly, naturally, because the markets would shift and eventually the economy would get better. but i think one argument they might have in 2014 is that there are still looming disasters on the horizon -- entitlement reform needs to happen, tax reform needs to happen, cost of education is rising. there's been very little done to address poverty. so these big, looming problems down the road, i'm wondering if you think the obama administration is worried they might be accused of kicking that can down just for the sake of political expedience? >> the first factor is the republicans are likely to win the house no matter w
his numbers on the economy are going up, and near 50% approval on the economy. that's kind of propping him up. it gives him more influence in washington. in the second term, every day you're moving toward irrelevant. >> and there is still another election coming up, 2014. let's talk more about that. i think the argument that republicans made wasn't that the economy wouldn't get better under obama. it was that the economy would, of course, improve slightly, naturally, because the markets...
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Aug 4, 2011
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the republican plan to turn this economy of our nightmares into the economy of our i dreams is to keep everything great for corporations and the waters of prosperity will find everybody else somehow. while corporate profits are growing in double digits, even while they are planning record layoffs, the republican mindset is to cut spending on everything else, no matter the cost to economy or jobs but to give corporations more and more and more and that's what is winning in washington. that's the way our policy course has been set. republicans in congress just held the debt ceiling ransom for a deal that stands to grievously wound the economy if the predictions are correct. it's more than $2 trillion in cuts. the deal's expected to whack another 323,000 jobs right out of the economy, enough to slow economic growth by 0.3%. factor in the stimulus plans the democrats said they wanted in the deal but end up giving up in negotiating, ends up costing 1.8 million jobs and 1.5% of gdp and economic growth. oil companies get to keep their subsidies and anybody lucky enough to fly in a corporate j
the republican plan to turn this economy of our nightmares into the economy of our i dreams is to keep everything great for corporations and the waters of prosperity will find everybody else somehow. while corporate profits are growing in double digits, even while they are planning record layoffs, the republican mindset is to cut spending on everything else, no matter the cost to economy or jobs but to give corporations more and more and more and that's what is winning in washington. that's the...
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Feb 4, 2012
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there is no bigger issue here in nevada than not just the economy but what essentially caused the economy to almost die here that was the housing bubble bursting. you mentioned the figures, bigger here in southern nevada, most of the people, 75-85% are under water on their homes. they hear mitt romney say over and over again, believe me it will be repeated over and over again, in ads the foreclosure process should go through, and they should do nothing. right before i asked him about the very poor comment i asked him about the comments, he tried to pivot to talk about president obama and i said but that is not what you said, governor. he immediately got very testy and said i know what i said. so he knows those comments, too, are going to hurt him, rachel. >> in terms of the caucuses tomorrow, obviously, mr. romney is heavily favored, we have seen an exit polls from florida this week more than a third of romney voters said they wished somebody else were running, if they had another choice to make. how much passion do you see for him among republican voters in nevada? is he winning there be
there is no bigger issue here in nevada than not just the economy but what essentially caused the economy to almost die here that was the housing bubble bursting. you mentioned the figures, bigger here in southern nevada, most of the people, 75-85% are under water on their homes. they hear mitt romney say over and over again, believe me it will be repeated over and over again, in ads the foreclosure process should go through, and they should do nothing. right before i asked him about the very...
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Dec 30, 2014
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economy. every single day until today. today for the first time in six years americans feel good about the economy. that's probably because it is growing fast. gas prices are low. the long sluggish job market is finally picking up. last week we found out the economy grew at a rate of 5% in the third quarter of this year fastest pace since 2003. on the job's front, latest figures showing u.s. economy 321,000 jobs last month bringing total jobs to 2.65 million more than any year since 1999. hourly earnings also rose by 0.4% who is responsible? some would say president obama. or if you are grover norquest credited morning in america with republican austerity policies, because why not. joining me now political editor at the hufgtfington post. thank you for being here. it is pointed out federal spending dropped since 2011 to less than 20% of the economy from 24%. does this reduce the spending have anything to do with the recovery we're seeing right now? >> it has nothing to do with the connections he is making. in fact i think
economy. every single day until today. today for the first time in six years americans feel good about the economy. that's probably because it is growing fast. gas prices are low. the long sluggish job market is finally picking up. last week we found out the economy grew at a rate of 5% in the third quarter of this year fastest pace since 2003. on the job's front, latest figures showing u.s. economy 321,000 jobs last month bringing total jobs to 2.65 million more than any year since 1999....
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Jul 10, 2023
07/23
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as you know, the economy doesn't believe that this administration is doing well on the economy. obviously, you believe differently. why do you think voters don't buy into bidenomics yet? >> i think there's a lead lag factor here, chuck. first of all, the facts speak for themselves, $13 million jobs created. i think unemployment below 4% for the longest stretch in 50 years. it's a middle class, middle-out, bottom-up approach. i look back at 40 years ago this summer and even the great communicator himself, ronald reagan was struggling to get the message through that the economy had already begun its recovery in the previous year. ultimately, he went on to a landslide victory the next year. i'm not sure it's going to be a landslide, but the facts are on the side of the president and this administration, and i think eventually that seeps into the general sense of how the economy is. >> do you think there's pessimism and it's driven by the fact that the most likely voters and the people that pay the most attention are retirees and so the cost-of-living increases impact them more than
as you know, the economy doesn't believe that this administration is doing well on the economy. obviously, you believe differently. why do you think voters don't buy into bidenomics yet? >> i think there's a lead lag factor here, chuck. first of all, the facts speak for themselves, $13 million jobs created. i think unemployment below 4% for the longest stretch in 50 years. it's a middle class, middle-out, bottom-up approach. i look back at 40 years ago this summer and even the great...
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Aug 19, 2019
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but on that question of the economy performance on the economy, obama's number was down in the 30s. he ended up getting re-elected but in a completely different formula there in terms of what was propelling him. >> i think that obama got a lot of space because he inherited a terrible economy. the fundamentals are strong because i'm old enough to remember that was not necessarily a good phrase to use in the particular movement in 2007 because that was not true at the time. and we saw the economic downturn which essentially meant that average americans were losing their homes and everything they owned and everything they had. and i think that the recovery from that was such an insurmountable task. that's why obama numbers sort of i think obscured the fact that people are allowing him to at least try to get the economy back on track. the difference here is that the economy is the only card trump has to play. he literally has nothing else. his message discipline is great when it comes to the racism. he is absolutely consistent on that front. i think that that's the reason why you see a
but on that question of the economy performance on the economy, obama's number was down in the 30s. he ended up getting re-elected but in a completely different formula there in terms of what was propelling him. >> i think that obama got a lot of space because he inherited a terrible economy. the fundamentals are strong because i'm old enough to remember that was not necessarily a good phrase to use in the particular movement in 2007 because that was not true at the time. and we saw the...
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Aug 17, 2019
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so whenever you are in the economy today, you're worried. donald trump is not touting the economy. he's trying to sell it because he knows that the voters are uncertain about it. this is president very worried and also not focused, frankly, on the issues that have the most urgency among the american people this week which are gun violence and this issue with israel. >> christina? >> i agree with the congressman. i think we also didn't hear a link to these tax cuts that he promised would grown be a real boom for regular americans. i agree with the congressman in the sense that we're talking about the overarching economy. when it comes to dollars and cents for actual americans, they're not seeing their lives improve. and i think that's what's making the president quite nervous. the other piece is this president focuses consistently on the campaigning phase of the job and not really -- isn't really quite interested in the governance phase. and the governance piece is really making sure the tax cuts he and his party pass actually trickle down to regular americans and they have not and
so whenever you are in the economy today, you're worried. donald trump is not touting the economy. he's trying to sell it because he knows that the voters are uncertain about it. this is president very worried and also not focused, frankly, on the issues that have the most urgency among the american people this week which are gun violence and this issue with israel. >> christina? >> i agree with the congressman. i think we also didn't hear a link to these tax cuts that he promised...
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Apr 7, 2012
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>> well, michael, the most important thing is the economy and the most important reflection of the economy is the picture on job growth, and the most important thing about both of the things is the trend. so if the economy is improving and even if it is improving a little bit, people get a sense of the numbers that we are making numbers and that is good for president obama and bad for mitt romney. if we are backing up, and the gains of the last couple of few months are suddenly heading in the wrong direction as the numbers today suggested which is to say much below expectation and half of what people expected and there a lot of forecasters who believe that q3 could be bad heading into the election and high gas prices inevitable this summer, and if the trend is in the wrong direction, bad news for president obama and good news for mitt romney. >> i want to come back the trends in a moment, because we have an interesting analysis to share with you. let me talk to david corn and ask you if it is the subjective or the objective relative to the figures in the economy generally? >> well, if you
>> well, michael, the most important thing is the economy and the most important reflection of the economy is the picture on job growth, and the most important thing about both of the things is the trend. so if the economy is improving and even if it is improving a little bit, people get a sense of the numbers that we are making numbers and that is good for president obama and bad for mitt romney. if we are backing up, and the gains of the last couple of few months are suddenly heading in...
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Feb 20, 2012
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the economy is getting stronger! the recovery is speeding up. >> what impact will the extension of the payroll tax cut have on jobs? with us this morning, republican chairman of the house budget committee, paul ryan, and democratic congressman, chris van hollen. captions paid for by nbc-universal television >>> nine days to go for voters to go to the polls in arizona, and contraception issues back in the news. and rick santorum with a range of issues in what he called a phoney agenda. listen. >> it's not about you. it's not about you. it's not abouter quality of life or about your job. it's about some phoney ideal. some phoney theology. not a theology based on the bible, a different theology, but no less a theology. >> and paul ryan, republican of wisconsin and the ranking member, and chris van hollen. we are in the heat of a presidential campaign here, and a primary fight on the republican side and i want to ask more about the serial issues. rick santorum talked about a phoney theology, as he put it, that the presid
the economy is getting stronger! the recovery is speeding up. >> what impact will the extension of the payroll tax cut have on jobs? with us this morning, republican chairman of the house budget committee, paul ryan, and democratic congressman, chris van hollen. captions paid for by nbc-universal television >>> nine days to go for voters to go to the polls in arizona, and contraception issues back in the news. and rick santorum with a range of issues in what he called a phoney...
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Jun 29, 2023
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economy. if you're the president, you're gonna get credit if the economy is good, and you gotta get blamed if it's bad, whether or not you are the cause of either. here's a great example of that. barack obama and democratic congressional majorities rescued the economy from a financial crisis of the previous republican president, then donald trump takes over and turns around and starts taking credit for the best or clammy ever, even though he inherited an economy that had finally, after too long gathered strength after the shock of 2008. here's what it looks like. this is the line of growth, the gross domestic product beginning in 2009 to january this year. the shaded area in the middle, that's the 2020 recession that call happened because of covid. here's the average growth that happened when trump took office. a straight line. no big disjuncture. it's like oh, oh yeah, that's where donald trump took over. the trump economy just continued on the trajectory that had been laid for it. and a dona
economy. if you're the president, you're gonna get credit if the economy is good, and you gotta get blamed if it's bad, whether or not you are the cause of either. here's a great example of that. barack obama and democratic congressional majorities rescued the economy from a financial crisis of the previous republican president, then donald trump takes over and turns around and starts taking credit for the best or clammy ever, even though he inherited an economy that had finally, after too long...
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Aug 3, 2012
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the economy is better than you think? >> i think the attacks obama has put on romney is romney in his own words. you know, whatever the gaffe was, they put that sequence of gaffes together in one spot. >> the romney campaign put out this ad attacking the president in florida. >> four years ago barack obama was concerned about florida's economy. >> when wages are flat, more and more americans are many debt. our economy as a whole suffers. >> but under president obama, 8.6% unemployment, record foreclosures, 600,000 more floridians in poverty. he focused on obama care instead of jobs. barack obama, what a disappointment. >> that's bleak. >> yeah. do you know why that ad isn't working for them? there's no information in there that's new. the president is expressing his concern about the economy in 2008. they're saying the economy isn't good today. everyone knows that. but people don't blame president obama the same way -- >> i don't know about the foreclosures. they came from the financial crash. >> the purpose of that spot,
the economy is better than you think? >> i think the attacks obama has put on romney is romney in his own words. you know, whatever the gaffe was, they put that sequence of gaffes together in one spot. >> the romney campaign put out this ad attacking the president in florida. >> four years ago barack obama was concerned about florida's economy. >> when wages are flat, more and more americans are many debt. our economy as a whole suffers. >> but under president...
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economy slowing down, european problems. all of those things, obviously that really sharpens the debate. we've got loads of speaker, including ben bernanke himself and the debate is whether they should be doing more. to the end of this month and the economy's slowing down even before the end of the year. so watch out on what they have to say this week. >> we've talked a lot about these kind of little auction thing, they're not auctions, they're actually donate to either romney or obama. you can win lunch or dinner with them and maybe meet donald trump, sarah jessica power, but the ultimate powerlines is the billionaire warren buffett. that is actually an option. >> it is and really thinking a lot about that guy who won the last two private lunches with him. the hedge fund manager who was hired by buffett. mind you, paid $5.3 million over those three years, but this is an annual online auction to raise money. it's for the glide foundation that provides social services to the core and homeless in san francisco. the bidding ran
economy slowing down, european problems. all of those things, obviously that really sharpens the debate. we've got loads of speaker, including ben bernanke himself and the debate is whether they should be doing more. to the end of this month and the economy's slowing down even before the end of the year. so watch out on what they have to say this week. >> we've talked a lot about these kind of little auction thing, they're not auctions, they're actually donate to either romney or obama....
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Aug 18, 2019
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trump has banked on a strong economy. >> perhaps the greatest economy we've had in the history of our country. if our opponent vr got into office, instead of being up 62%, instead of those 40 ks are rr being up 60, 70, 80, 90%, crash. big crash. sdplrks a >> reporter: republicans arguing that for voters in 2020 it will be the economy, stupid. >> great plausparity, 50-year low unemployment. that's what i think the election is going to be aabout. >> reporter: despite olow unemployment, president trump is showing signs of alarm. rele relentlessly attacking the fed. >> if we had a fair that would lower the interest rate, we'd be off like a rocket ship. >> reporter: in announcing he will delay the latest tariff threat on china until middecember. voters have given mr. trump his highest marks but he may have little room to grow. among 9%er who disprove of mr. trump overall but approve of his handling of the economy. 73% prefer a democratic for president. and just 5% say trump should be reelected. mr. trump who has long campaigned on intolerance for grievance, onb race. >> obviously headed up
trump has banked on a strong economy. >> perhaps the greatest economy we've had in the history of our country. if our opponent vr got into office, instead of being up 62%, instead of those 40 ks are rr being up 60, 70, 80, 90%, crash. big crash. sdplrks a >> reporter: republicans arguing that for voters in 2020 it will be the economy, stupid. >> great plausparity, 50-year low unemployment. that's what i think the election is going to be aabout. >> reporter: despite olow...
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May 12, 2019
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where is our economy in 2020? >> i think this economy is still going to be pretty strong. and it's because we don't have a lot of inflation, so the federal reserves not going to raise rates. the federal reserve is the one that can destroy the economy, not the president. >> jim, you are the best. you probably have the gun smoke of the longest running snow -- >> you know i've done 3,000 shows, donny? >> by the way, if you're a msnbc viewer you're always watching politics and once in a while a switchover, but this guy even if you're not in a wall street he frames things in such a great way. you can watch cnbc mad money at 6:00 p.m. eastern. >> i'm honored to be on one of your early shows. >>> straight ahead we'll go through the heroes and zeros in weekend politics. saturday night politics continues right after the break. saturday night politics continues right after the break. you wouldn't accept an incomplete job from any one else. why accept it from your allergy pills? flonase sensimist relieves all your worst symptoms, including nasal congestion, which most pills don't. an
where is our economy in 2020? >> i think this economy is still going to be pretty strong. and it's because we don't have a lot of inflation, so the federal reserves not going to raise rates. the federal reserve is the one that can destroy the economy, not the president. >> jim, you are the best. you probably have the gun smoke of the longest running snow -- >> you know i've done 3,000 shows, donny? >> by the way, if you're a msnbc viewer you're always watching politics...
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Dec 31, 2014
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but whose economy is she going to run on the obama economy, her husband's economy, or an economy that she hopes to create? >> i think a lot of it will be on an economy she hopes to create. but it hinges on what we were talking about earlier. can the obama administration do enough next year to improve the standards of living for those americans who feel left out of the recovery? the poll i mentioned earlier, showed 18% of americans feel they're better off today than a year ago. 29% feel like they're worse off. so that's a significant problem for whoever the democratic nominee for president is in 2016, because it really dictates whether the obama economy will be a plus or political liability. >> how do republicans run against clinton if she's running against the obama economy? >> they're going to call her out, see that she's trying to have it both ways and create a hybrid economy. she feels elizabeth warren nipping at her heels a bit. she's feeling a little bit of rand paul. it's because of sentiments out there where people see the dow going up but still a lot of unemployment, low wages
but whose economy is she going to run on the obama economy, her husband's economy, or an economy that she hopes to create? >> i think a lot of it will be on an economy she hopes to create. but it hinges on what we were talking about earlier. can the obama administration do enough next year to improve the standards of living for those americans who feel left out of the recovery? the poll i mentioned earlier, showed 18% of americans feel they're better off today than a year ago. 29% feel...
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Feb 5, 2018
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and in the overall economy. do i senate thiever -- i don't people at the fed will take this as something other than internal di dynami dynamics to do with inflation right rates and i don't think will -- >> let me get ron in here for a second. i want to respond to that with respect to the fed. the federal reserve does keep an eye. a two-day pull back and while jarring to most people won't get the federal reserve to change its policy stance. it is expected the fed will raise interest rates three times this year to cooldown what it appears to be an accelerating economic. and if the market were to come unglued, the fed would look at that as an indicator of future expectations about where we are and where we're going and it might give the fed some pause. so it is a double-edged sword with respect to the federal reserve. it does not key off the stock market, it keys off of real economic data and news. but when you get a big dislocation in the market and we haven't had one yet, even though this looks scary, the fed wou
and in the overall economy. do i senate thiever -- i don't people at the fed will take this as something other than internal di dynami dynamics to do with inflation right rates and i don't think will -- >> let me get ron in here for a second. i want to respond to that with respect to the fed. the federal reserve does keep an eye. a two-day pull back and while jarring to most people won't get the federal reserve to change its policy stance. it is expected the fed will raise interest rates...
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Feb 2, 2013
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the economy grows more slowly. government is a significant part of the economy. and if we learned anything, which you suggest we haven't, if we were going to learn from this, what we would learn is in fact you cut the government spending at a time like this you're going to grow more slowly. now the sequester threatens $85 billion of cuts in 2013. and most estimates are that could take another half of a percentage point off of gdp. like i said, if we're growing at somewhere around 1.2% we can't afford that. why is the market -- the dow hit 14,000 today, doing very, very well. >> i think i can explain it. >> explain it, enlighten me. >> so far, we have been talking exclusively about the united states. although i did mention austerity and europe. but corporate profitability is doing well. well, if you're a multi-national corporation that can sell into developing economies in asia, for example, then your profitability doesn't depend on the united states getting it right. it doesn't depend on the congress rejecting austerity. what it does is go where there is growth.
the economy grows more slowly. government is a significant part of the economy. and if we learned anything, which you suggest we haven't, if we were going to learn from this, what we would learn is in fact you cut the government spending at a time like this you're going to grow more slowly. now the sequester threatens $85 billion of cuts in 2013. and most estimates are that could take another half of a percentage point off of gdp. like i said, if we're growing at somewhere around 1.2% we can't...
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May 9, 2012
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have been dropped down to 0 for some time to kick start the economy. but we have gotten to the point now where as you say in this book, 0 is not enough. it's not low enough. >> that's at the heart of this. we have had this kind of -- we were able to be pretty lazy about the business of stabilizing the economy because we could leave it up to the fed because the fed could also cut rates. >> you have a crisis in '99. lower interest rates. you have 2001. september 11. you kick start the economy by lowering the interest rates. but we get to a point now you can't go below 0. >> that's right. it's much harder to make stuff happen. it can't be just a narrow technocratic thing. ben bernanke -- >> who you compare let us say to chauncey gardener. >> he happened to make a speech in which it turned out to be almost verbatim the words of -- >> by the way, that's a reference to being there. if you haven't seen the movie, you need to see the movie. >> as long as the shocks aren't too big, that system works. but what we got was the mother of all shocks. an enormous hou
have been dropped down to 0 for some time to kick start the economy. but we have gotten to the point now where as you say in this book, 0 is not enough. it's not low enough. >> that's at the heart of this. we have had this kind of -- we were able to be pretty lazy about the business of stabilizing the economy because we could leave it up to the fed because the fed could also cut rates. >> you have a crisis in '99. lower interest rates. you have 2001. september 11. you kick start the...
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Jul 28, 2022
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economy is on the right path. that is in spite of what he just mentioned, the new gdp numbers that show the u.s. economy shrank for a second straight quarter. that's a key sign of a possible recession, even if joe biden, the white house and the fed chair will not call it that. and it follows a series of sudden shifts that produced a potentially transformative day for joe biden, frankly at a critical time, because we're just a few months out from midterms. yesterday he emerged from covid isolation to cheers in the rose garden and touted vaccines and new treatments. in the senate the chips bill passed on that rare bipartisan vote, more than a quarter trillion to boost manufacturing of computer chips and create thousands of jobs. secretary of state antony blinken announced the u.s. made an offer to russia to release brittney griner and paul whelan. it's suggested his presidency is back from the dead, so we've got a lot to discuss. i want to bring in capitol hill correspondent ali vitali, reporter for politico and co-
economy is on the right path. that is in spite of what he just mentioned, the new gdp numbers that show the u.s. economy shrank for a second straight quarter. that's a key sign of a possible recession, even if joe biden, the white house and the fed chair will not call it that. and it follows a series of sudden shifts that produced a potentially transformative day for joe biden, frankly at a critical time, because we're just a few months out from midterms. yesterday he emerged from covid...
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the markets are reappraising the economy and so will we. we will look back over the last three years and what we missed, why the mess we're in today should have been predictable and preventable. we're going to tell you what governments in america and elsewhere could be doing but aren't in order to stop the bleeding and give the global economy some time and space to heal. and we'll tell you why politicians are shig away from doing what need to be done. why they may want to rethink that strategy and what needs to happen for an actual economic recovery. not just a return to normalcy, but a return to a period in which living standards improve and wages rise. but before we can map that path forward we have to do a better job exexplain how we actually got here. this week white house press secretary jay carney was asked if there's any chance at all of a double dip recession. jay? >> we do not believe that there is a threat there of a double dip recession. we believe that the economy will continue to grow. >> most economists, they're not quite so c
the markets are reappraising the economy and so will we. we will look back over the last three years and what we missed, why the mess we're in today should have been predictable and preventable. we're going to tell you what governments in america and elsewhere could be doing but aren't in order to stop the bleeding and give the global economy some time and space to heal. and we'll tell you why politicians are shig away from doing what need to be done. why they may want to rethink that strategy...
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Jul 18, 2011
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economy. it will mean that people, regular people who are buying homes and cars will pay higher interest rates. it means that we will put a cloud over the united states that might not go away any time soon. >> final question. you say this is a question of will, political will? it's also a question of political leadership. this president said back in 2009, economy, job one, his responsibility. here's what he said. >> now, my administration has a job to do as well. that job is to get this economy back on its feet. that's my job, and it's a job i gladly accept. i love these folks who helped get us in this mess and then suddenly say, well, this is obama's economy. that's fine. give it to me. >> is it the president's failed leadership that's brought us to this moment? does he bear responsibility? >> i think the president's shown enormous leadership from the first day in office. he inherited an economy where the bottom was falling out. he stabilized it through dramatic actions, without which million
economy. it will mean that people, regular people who are buying homes and cars will pay higher interest rates. it means that we will put a cloud over the united states that might not go away any time soon. >> final question. you say this is a question of will, political will? it's also a question of political leadership. this president said back in 2009, economy, job one, his responsibility. here's what he said. >> now, my administration has a job to do as well. that job is to get...
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. >> it does nothing for the economy right now. nothing whatsoever. >> 98% of what i wanted. >> we're cutting spending too soon and too fast. >> a belief among what i'll call faux-conimists out there. >> 98% of what i wanted. >> that is not the case. that is not the case. that is not the case. >> incentives is exactly right. >> but republicans still blame the president. >> there's no scenario right now for this economy being thriving when the president runs for re-election in 2012. >> every presidential election comes down to basically a simple question. are you better off today than you were four years ago? >> president obama is trying to put the debt fight behind him, and focus now on jobs. >> put this in the category of the last thing president obama wanted for his birthday. >>> breaking news tonight. the dow plunged more than 500 points today. its worst day since the financial crisis in 2008. all of the market's gains for 2011 were wiped out this afternoon. there could be a number of factors contributing to the market's quaking
. >> it does nothing for the economy right now. nothing whatsoever. >> 98% of what i wanted. >> we're cutting spending too soon and too fast. >> a belief among what i'll call faux-conimists out there. >> 98% of what i wanted. >> that is not the case. that is not the case. that is not the case. >> incentives is exactly right. >> but republicans still blame the president. >> there's no scenario right now for this economy being thriving when...
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economy. remember, we're just coming off of a two-month stalemate where virtually, people aren't doing much of anything. whether it's companies, corporations or individuals. we were all worried about the debt, the deficit and we were watching what was happening in washington. the back and forth, and, in fact, it materialized in people sitting on their hands, unable to make long-term decisions on anything, and as a result that is impacting economic activity. we have a jobs number tomorrow. the employment report coming out tomorrow after two reports of last two months that were very weak. there is renewed worry about the unemployment situation. of course that being the biggest issue for the economy in the u.s. all of that culminating to create fear, as you said, and uncertainty about where this market is heading next. people sold first and will think about it later. a couple of concerns coming together today on the heels of economic data that was weak. manufacturing coming in weak recently. reta
economy. remember, we're just coming off of a two-month stalemate where virtually, people aren't doing much of anything. whether it's companies, corporations or individuals. we were all worried about the debt, the deficit and we were watching what was happening in washington. the back and forth, and, in fact, it materialized in people sitting on their hands, unable to make long-term decisions on anything, and as a result that is impacting economic activity. we have a jobs number tomorrow. the...
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Jul 27, 2012
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if he kept talking about the economy? no. no, he did not. >> senator mccain's campaign actually said, and i quote, "if we keep talking about the economy, we're going to lose." >> there is also this bit of creative reimagining on mitt romney's part last fall. >> sometimes, i just don't think that president obama understands america. now, i say that because this week, or was it last week, he said that americans are lazy. i don't think that describes america. >> so, did president obama really say the people he's hoping to vote for him are lazy? survey says nope. >> you know, we've been a little bit lazy, i think, over the last couple of decades. we've kind of taken for granted, people want to come here, and we aren't out there hungry selling america and trying to attract new businesses into america. >> so, he did say the word lazy, which in retrospect he probably wishes he hadn't, but he wasn't talking about americans, he was talking about policymakers, washington. i think america probably thinks washington has been a bit la
if he kept talking about the economy? no. no, he did not. >> senator mccain's campaign actually said, and i quote, "if we keep talking about the economy, we're going to lose." >> there is also this bit of creative reimagining on mitt romney's part last fall. >> sometimes, i just don't think that president obama understands america. now, i say that because this week, or was it last week, he said that americans are lazy. i don't think that describes america. >>...